French AI company Mistral AI forecasts revenue topping €1 billion by the end of 2026, CEO Arthur Mensch said at the World Economic Forum in Davos. The projection follows a September 2025 funding round ...

Klarna cut approximately 700 jobs and replaced them with AI-powered solutions between 2022 and 2024. CEO Sebastian Siemiatkowski publicly admitted that the AI-driven transition negatively affected ...

OpenAI has revised its financial projections upward for revenue while sharply increasing expected cash burn to $665 billion through 2030, an additional $111-112 billion from prior forecasts, driven by ...

Amazon.com announced plans for $200 billion in capital expenditures in 2026, mainly for AI infrastructure, during its fourth-quarter earnings release. The figure topped Wall Street estimates by about ...

Anthropic has introduced stricter usage limits on its Claude AI during peak weekday hours as demand from millions of new paid users outpaces available compute resources. The changes, effective late ...

Sequoia Capital has raised roughly $7 billion for its expansion strategy fund, marking the firm's largest in this category and its first major raise under new leadership. The fund doubles the size of ...

Broadcom reported record first quarter fiscal 2026 results, posting revenue of $19.3 billion that exceeded analyst forecasts and drove a 29% year-over-year increase, as demand for AI semiconductors ...

Cadence Design Systems reported strong fourth quarter and full-year 2025 results, with full-year revenue growing 14% to $5.297 billion and non-GAAP operating margin reaching approximately 45%. The ...

Anthropic announced its annualized revenue run rate surpassed $30 billion in early April 2026, driven by surging enterprise demand. The figure triples the $9 billion run rate at the end of 2025 and ...

Meta's Reality Labs division posted a $19.1 billion operating loss in 2025, an increase from $17.7 billion the previous year, as the unit's virtual reality efforts generated just $2.2 billion in ...

Archer Aviation Inc. provided guidance for a Q1 2026 adjusted EBITDA loss of $160 million to $180 million while confirming its US and UAE air taxi pilot programs remain on track for 2026 launches. The ...

Google is in talks with Marvell Technology to develop two new chips for AI inference, including a memory processing unit and an inference-optimized Tensor Processing Unit, as it seeks to diversify its ...